Empowering You to Grow Your Business

 Asset finance leverages the value of assets such as vehicles, buildings, and equipment. When you need such assets, but don’t want to make a large cash payment to buy them outright, asset finance can support your purchase. It does this by spreading the cost over time. You make smaller, regular payments during a fixed term. Fees and interest are charged in addition to the cost of the asset. You have full use of the asset throughout the term.

Equipment leasing and hire purchase are common examples of asset finance.

Depending on the sort of asset finance you use, responsibility for maintenance of the asset, (repairs, insurance, etc.), may rest with you or with the finance company. At the end of the term, the asset may return to the finance provider or ownership may transfer to you.

Alternatively, asset finance may release the cash value of an asset you already own. With this type of agreement, you transfer the asset as collateral to a lender, who provides a loan based on the asset’s value. This type of loan is known as Asset refinance.

Merchant cash advances can be easier to obtain than traditional funding options and they’re a good alternative for businesses with few assets, or limited credit history. Businesses that have been rejected for other types of funding may still qualify for a merchant cash advance.

Suitable for businesses with a high volume of card payments, merchant cash advances are used by many types of industry.  Sole traders, partnerships and limited companies are welcome to apply.